1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brrunno [24]
3 years ago
12

The maintenance expenses on a rental house you own average $200 a month. The house cost $219,000 when you purchased it four year

s ago. A recent appraisal on the house valued it at $239,000. If you sell the house you will incur $14,000 in real estate fees. The annual property taxes are $4,000. You are deciding whether to sell the house or convert it for your own use as a professional office. What value should you place on this house when analyzing the option of using it as a professional office?
Business
1 answer:
Serhud [2]3 years ago
0 0

Answer:

value we place on this house when analyzing the option of using it as a professional office is $225000

Explanation:

Given data

house cost 4 year ago  = $219,000

house valued = $239,000

real estate fees = $14000

property taxes = $4,000

to find out

What value should you place on this house

solution

we know if we sell house we should pay real estate fee

so we get need money to place is present cost - real estate fees

so cost will be

cost = house valued  - real estate fees

cost = 239000 - 14000

cost = 225,000

so value we place on this house when analyzing the option of using it as a professional office is $225000

You might be interested in
In Free Market Environmentalism, economists Terry Anderson and Donald Leal write, "Subsidized irrigation encourages farmers to b
Soloha48 [4]

Answer:

b

Explanation:

7 0
3 years ago
Which of the following strategic foreign facilities is set up in a location with an abundance of advanced suppliers, competitors
katen-ka-za [31]

Answer:

b. Server factory

Explanation:

Server factory is setup in a location possessing advanced suppliers, competitors and research and knowledge centers to provide proper knowledge regarding any thing that is new.

3 0
3 years ago
Which of the following is true? When companies employ push-down accounting:A) the subsidiary revalues assets and liabilities to
kondor19780726 [428]

Answer: The correct answer is A) The subsidiary revalues assets and liabilities to their fair values as of the acquisition date.

Explanation: Push down accounting is used when a company buys another company. This type of accounting revalues the assets and liabilities of the acquired company at a fair value on the date of acquisition.

4 0
3 years ago
A firm is using experience curve pricing when it prices high worldwide in an attempt to position itself as a market leader.
Sedbober [7]

the answer is this true

4 0
3 years ago
Explain why e-Business scenarios are generally more complex than traditional business scenarios. Discuss the interrelationships
IRISSAK [1]

Answer:

The answer is because of the nature of each business and that is explained below.

Explanation:

On the one hand, when it comes to e-business scenarios the people who work in those places know that it is much more complex due to the fact that the managers are dealing with information that is wide range in terms of searching engine, clicks on the website, marketing approaches and more. The owners of this type of business must know how to work with all type of tools that could help the business grow and all that information can be difficult to read and to use sometimes due to the big changes that happen in the internet and in the general public movements every day that will affect your clientele.

On the other hand, the traditional business scenarios may be a little bit less complex due to the fact that they are workind with information that comes straight ahead from the sources, like sales and marketing campaign impacts and more. Therefore that this type of business use all the information that is has to keep the goals of the company at sight thanks to the organization that the managers have.

Finally, it is quite understood that the information technology will always be more difficult to manage in e-business becuase of all the variables and factors that influece the information and the decision making process of the company.

5 0
3 years ago
Other questions:
  • Affirmative action is a policy of giving preference to those who _____.
    15·2 answers
  • The following transactions occurred during March, the first month of operations for Quality Galleries, Inc. * Capital Stock was
    12·1 answer
  • For each of the following cases determine the ending balance in the inventory account. (Hint: First, determine the total cost of
    8·1 answer
  • U get payed 10$ a hour and you work on average 30hours/week you deposit 250& because ur offering 2.2% . How much interest wi
    8·1 answer
  • On September 30, 2018, Corso Steel acquired a patent from Thermo Steel. The agreement specified that Corso will pay Thermo $1,00
    6·1 answer
  • Which statement defines equilibrium in a graph showing demand and Supply curves? <br>​
    6·1 answer
  • On June 30, 2018, Princeton Company paid $310,000 cash for all assets and liabilities of Streeter, which will cease to exist as
    8·1 answer
  • Should Monics and Ami use a loan or their personal funds to finance their business startup? What other alternatives might they c
    12·2 answers
  • I got 100k for the balance of the investment when I did the math so how is it 98k?
    14·1 answer
  • Five years ago, our company purchased land for $53,000. This year, the land is
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!